It’s all in the process

We’ve implemented new processes to check in code for deployment. We’ve also implemented new code review procedures, embedding unit testing in key features and utilizing new tools which we’ve acquired to test and deploy code into various environments in a synchronized fashion. 

Our co-founder and CTO, Sam is also bringing a new level of engineering expertise to the entire platform. With him retrenching in key elements of our platform features, we will see a more robust platform going into the near future.

We are still in the LendAPI CustomerCare month and this new release v2.9.7 is all about crushing bugs and improving UX to all of our customers. This release will be released in a week or so because of our new QA (Quality Assurance) process which we implemented this month. We must follow this new process to ensure speed and accuracy. 

LendAPI Partner Podcast

We have a brand new episode at LendAPI. And we welcome Anna Burke from Equibli to talk about collections and recovery and how they came up with innovative strategies and tools to control delinquency through and through. We hope you enjoy this new episode as much as we have.

LendAPI Partner Podcast with Anna Burke, Head of Revenue & Growth at Equabli

Our platform partners and marketplace members are the best part of LendAPI. Without our partners, we are nothing. To continue to celebrate the successes of our partners, we’ve renewed another season with our awesome podcast host Rutger van Faassen. Please reach out to us or Rutger if you would like to come on our podcast.

LendAPI Academy

Our Product Studio is the most used feature of our vertical SaaS platform. This powerful tool is key to build then launch any financial product instantly. We prepared five episodes of LendAPI Academy around Product Studio and we think you should take advantage of the richness of these Academy episodes.

LendAPI Academy - Product Studio Series - Five Episodes

Some of you guys have noticed that we have onboarded a handful of new employees and Kay is busy getting them started. Once her department settle downs a little, she will be back in the studio and record more episodes of key elements of our platform.

LendAPI FinTech Marketplace

The LendAPI 250 is ready to go, but before we get there, there is more to celebrate. We want to welcome a new marketplace partner, CreditR. 

CreditR is one of the newest Loan Management Systems out there and we designed a mini-site to celebrate the launch of their platform. Take a look at what CreditR has to offer, here. We welcome them to join our marketplace with open arms.

We also updated the point of contact for our SMB and Commercial Lending Partner Middesk. Check them out and reach out to Colin at Middesk if you want their help with all SMB lending needs.

LendAPI Platform Release Notes - v2.9.7

The next few releases are all about hardening our system before we get to v3.0.0. We can’t wait. This release which will be available in a week or so is full of new features and enhancements to make our platform even more flexible. Here are some highlights in what’s coming to v2.9.7

Integrated Partners - Updates

• We added a bunch of new variables from Clarity Services to help our personal loans clients to test more strategies with these additional new data points.

• We also increased the wait time for Plaid CRA from 15 to 20 seconds. The Plaid CRA payload is large under certain circumstances. We hope this will allow an even higher percentage of Plaid payload to return before the application times out.

• IceKredit is finally an integrated partner at LendAPI. Clients can now use IceKredit to underwrite their deep subprime portfolios. You can now use IceKredit’s G-Score to score incoming leads.

• We are finally getting to the finish line with our Middesk integration. This integration will be released in a week or so.

• We are also adding a new DataX credit report called DataX CHX. This will be released alongside with our Middesk integration. 

• We fixed an issue with BrightQuery whenever company is used as the search term.

Reporting - Updates

• We added more columns to reports which we created for our clients. These new reports will help them to manage their portfolio with new insights. We hope they will enjoy it.

Model Studio - Updates

• We greatly expanded our model studio to let one of our largest bank clients with 400 branches to freely upload Python code and run their new models with ease. They can define input and output of the Python model code. This feature is an industry first and we hope that more banks and their data scientists will enjoy this new feature. We hope they will like it.

CustomerCare Month - Real Estate Financing Platform Updates

• We added a PDF E-Sign certificate to certify the digital signature for our real estate financing customers whenever the sponsor of the deals signs a contract through our contract builder.

CustomerCare Month - Personal Platform Updates

• We are mapping more variables from LeadsMarket to our personal loans clients.

CustomerCare Month - Point of Sale Financing Platform Updates

• We are adding the page names as part of our API so our POS clients in the marine sports equipment industry can track the stage of the application through our iFrame integration.

• We are also making some enhancements to track all of the data being passed through the checkout experience to our platform.

• We are enhancing email to our POS lenders to their tenants / store fronts. 

CustomerCare Month - Overall Platform Enhancements 

• We are showing our LendAPI “L” symbol for variables in the Product Studio that are system variables that can’t be changed or modified. 

• We are making the Log tab to show all of the activities without having to click on any specific timeframe. 

• We fixed an issue with sorting in the Email tab in the Agent View.

• We fixed an issue with decimal placement with derived variables.

• We also fixed an issue with the First Name field not appearing in the Agent View if the First Name field has null content.

What’s Next?

We are hoping to release our first version of DocAI product this coming week. We already have a key partner interested in licensing our platform to use for their clients. We are also launching this product as our first independently offered platform. We will be launching a new website featuring this technology, stay tuned.

We hope to kick the innovation mode into high gear after we settle into our new process. We have a lot of new features and product roadmaps that have been pushed out in favor of us doing a factory reset which we are calling CustomerCare month.

Lastly, we want to thank all of our partners to help us move forward. We are very grateful for your help and support.

About LendAPI

Follow us on Linkedin, X, YouTube, and check out our Decision Engine, Product Studio, Underwrite AI, Doc AI and Agent Dashboard. Check out more content at LendAPI Academy, Podcast, and our Weekly Newsletter with our Marketplace Slack Community.